A Spanish clothing store has come under blistering criticism for selling a T-shirt emblazoned with a star that evoked the Holocaust.» Read More
*Investing online, to launch in Spain, Italy and China. STOCKHOLM, March 27- A drive to increase wages for Asian clothing workers is likely to hit profit margins at world No.2 fashion retailer Hennes& Mauritz as weak consumer demand and stiff competition make it hard to pass on the cost to shoppers, it said on Thursday.
STOCKHOLM, March 27- Hennes& Mauritz, the world's No.2 fashion retailer, missed first-quarter profit forecasts as it invested to catch up with rivals online in an increasingly competitive budget clothing market.
Retailers are eyeing shopping mall vacancies to house spinoff concepts, as they search for ways to grow sales organically.
Fast Retailing is expanding globally, targeting the U.S. and China and potentially acquiring J.Crew, but is the Uniqlo brand owner moving too quickly?
Some within the industry say the globalization of retail has brought with it a new challenge: It's taking the excitement out of global shopping.
The trends at New York Fashion Week will be difficult to duplicate at fast fashion retailers such as H&M and Zara.
Much has changed over the past 25 years when it comes to retail. Here is a look at those who have changed the way people shop.
European equities closed lower on Wednesday after a U.S. budget deal added to expectations the Fed will scale back stimulus soon.
The world's most valuable jewelry retailer Chow Tai Fook is on a quest to conquer the hearts of China's future big spenders.
European shares closed higher on Wednesday.
"The consumer is being picky, so as an investor we need to be picky as well," Fidelity's Peter Dixon says.
H&M, the world's second-largest fashion retailer, posted a bigger than expected drop in second-quarter earnings.
While the economic data show a recovery in place, it doesn't seem as if the message has gotten through to retailers serving lower- and middle-income consumers.
European shares closed lower on Wednesday, mirroring losses in U.S. markets.
A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.
The world's two biggest fashion retailers backed an accord aimed at preventing a repeat of last month's collapse of a Bangladesh factory building.
H&M, the world's second-biggest fashion retailer, posted a slightly bigger drop than expected in first quarter pretax earnings.
Zara owner Inditex posted a 22 percent rise in 2012 profit to 2.4 billion euros ($3.13 billion) on Wednesday, shrugging off belt-tightening in home market Spain by tapping fashion-hungry consumers in markets like Asia.
Spain's IBEX 35 Index may have been a laggard last year with a drop of 6 percent but since the announcement of the European Central Bank's bond-buying plan investors have returned to the country and the index has climbed 14 percent.
European shares closed higher on Wednesday ahead of a Federal Reserve meeting in the U.S., with investors expecting an announcement on a new treasury purchase plan.